Ernesto Balarezo, CEO of Sierra Metals, commented, “I am very pleased to report that the investments we have made in our business units have resulted in record production levels for Sierra Metals. The operational enhancements have strengthened our financial position and will enable the Company to pursue sustainable growth safely and responsibly.”
Mithril Silver and Gold reports high-grade intercepts at Target 1 (La Soledad), Copalquin, Mexico, including 3.35m @ 26.5 g/t Au, 1,046 g/t Ag (MTH-LS25-16) and 3.62m @ 9.62 g/t Au, 55.2 g/t Ag (MTH-LS25-13). Results exceed prior MRE grades; drilling continues for resource update, with 35,000m planned in 2025.
“This quarter represents a return to full production and it is reflected in good earnings from mining operations of $2.1million and positive cash flow,” reported Robert Eadie, CEO of the Company. “With the finalization of the carbonaceous ore tests, we expect further increase in monthly metal production going forward.”
In aggregate, the Company issued 2,623,066 Units in the third closing for aggregate gross proceeds of CAD$196,729.95.
The 2024 Mercedes Report supports the updated Mercedes Mineral Resource and Mineral Reserve estimates announced by the Company on January 29, 2025.
Apollo Silver Corp. is pleased to announce that it has engaged Danayi Capital Corp. an arm’s-length service provider, to provide the Company certain investor relations and digital marketing services in accordance with the policies of the TSX Venture Exchange and applicable securities laws.
Silver Bull Resources, Inc. has released its quarterly financial report for the period ending January 31, 2025. The company continues to focus on exploring its properties, specifically the Sierra Mojada Property in Mexico, amidst ongoing financial and operational challenges.
“We believe Daniel will make a valuable contribution to the Company as we continue to advance our relationships and operations in Mexico and fulfill our vision of becoming the leading primary silver company in the world.”
The Offering is for the sale of up to 10,000,000 units at a price of $0.025 per Unit, for total gross proceeds of up to $250,000.
Goldgroup Mining Inc. announced on March 12, 2025, an upsizing of its non-brokered private placement from 23.33M to 25.83M units at $0.30 each, for gross proceeds of ~$7.75M. Each unit: one share + ½ warrant ($0.45 exercise, 24 months). Proceeds for mine improvements, PEA update, debt, working capital; subject to TSXV approval.
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